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Sri Lanka rice importers forced to cancel orders amid state food controls

ECONOMYNEXT – Several Sri Lanka importers have cancelled orders for rice due to a narrow window to ship products, and price controls, with bad weather in India leading to vessel delays, trade sources said. Sri Lanka lifted food controls on the people through licensing, imposed during Rajapaksa regimes, till December 20, allowing private companies to […]

Approximately 8,000 MT of Imported Rice Released into the Market

COLOMBO (News 1st) – Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe said that nearly 8,000 metric tons of imported rice have been released into the market. The rice, that had been imported through open tenders was distributed to meet market demand. The Minister assured that all departments have been instructed to […]

Benapole sees 3,320 tons of duty-free rice imports in 25 days

During this period, approval was granted to import 392,000 metric tons of rice. Tribune Desk After the government announced the withdrawal of customs duties, 3,320 metric tons of rice were imported from India through the Benapole land port in Jessore over 25 days. During this period, approval was granted to import 392,000 metric tons of […]

Increased Customs tax prevents selling rice at controlled price: Importers

CHATURANGA PRADEEP SAMARAWICKRAMA Colombo, December 13 (Daily Mirror) -Even though the required stocks of rice have been imported into the country, releasing these stocks to the local market has been difficult due to an increase in Customs duty charged per kilogram, a rice importer said. An importer from the Pettah market in Colombo mentioned that […]

Imported rice stocks released to market

Stocks of rice imported by private importers have been released into the market. It is reported that the first consig of rice, which arrived in the country yesterday (11), has been cleared by Customs. On December 03, the Cabinet of Ministers approved the proposal to allow the import of rice without import control permits until […]

Indonesia wheat, rice imports forecast to fall

By Arvin Donley JAKARTA, INDONESIA — Decreased wheat demand for feed use and increased rice production will lead to sharply reduced Indonesian imports in the 2024-25 marketing year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. The agency sees the country’s wheat imports declining from last year’s […]

Indonesia’s national rice stock at 8 million tonnes by year end

Indonesia’s Coordinating Minister for Food Zulkifli Hasan said on December 9 that the national rice stock has reached eight million tonnes by the end of 2024, so there will be no need for additional imports, including for the next year. Jakarta (VNA) – Indonesia’s Coordinating Minister for Food Zulkifli Hasan said on December 9 that […]